144 Elm ST new Save Request In-Person Tour Request Virtual Tour
Montpelier,VT 05602
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,012 sqft
Price per Sqft $69
MLS Listing ID 5037100
Bedrooms 2
Full Baths 3
Construction Status Existing
Year Built 1940
Lot Size 1.320 Acres
Acres 1.32
Property Description
Situated on a rare and expansive 1.3+ acre lot in vibrant Downtown Montpelier, this unique property has served as a church since 1945 and offers incredible potential for redevelopment or restoration. The 3-story, turn-of-the-century building is accompanied by a 1,240 sq ft single-story addition. The upper levels have been previously configured as apartments, providing a flexible layout for future use. While the property sustained damage during the July 2023 flooding, important steps have been taken to stabilize the structure, and major electrical entrances have been substantially updated—laying the groundwork for new possibilities. Whether you're considering residential, community, or mixed-use redevelopment, this site is ready for transformation. Adding to its appeal is a rare 20-car parking area, with 15 spaces currently leased and generating steady rental income. Don't miss this opportunity to bring new life to a historic property in one of Vermont's most charming and walkable downtowns.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning Mixed Use Residential
Rooms
Basement Entrance Interior
Basement Crawl Space,Dirt Floor,Stairs - Interior,Sump Pump,Unfinished
Interior
Cooling None
Inclusions Land/Building
Exterior
Garage Description Driveway,Leased,Off Street,On-Site,Parking Spaces 11 - 20,Reserved
Utilities Available Cable - Available,Telephone Available
Roof Type Shingle,Standing Seam
Building
Story 2.5
Foundation Concrete,Fieldstone
Sewer Metered,Public,Public Sewer On-Site
Architectural Style New Englander,Other,w/Addition
Construction Status Existing
Schools
Elementary Schools Union Elementary School
Middle Schools Main Street Middle School
High Schools Montpelier High School
School District Montpelier School District